how do you trade bhp?, page-7

BHP shares ironically is only good for trading these days. For capital gain, you may as well dump it on Monday and buy something with real upside over the next few years. For dividend, I prefer the banks.

BHP is underperforming (even RIO) so badly, it just shows you how much of the support in the BHP SP during the GFC was pure risk aversion money going into BHP/RIO/Big4 banks because people were dead scared of losing the lot.

Now with global growth underway and GFC in the rear-view mirror, all the money is flowing into mid-small caps that got a belting in the GFC.

Mid small caps have risen 200..300..400..600..700.1000 % +

The funny thing is no publicly listed mining companies actually gone bust in the GFC apart from Copperco and Oz Minerals (now with a new lease of life). MGX came close. But after Chinese injection, it is up 500% at the time BHP hit a trough of $20.